for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

Vattenfall says no decision on UK nuclear plans

LONDON, Oct 15 (Reuters) - Swedish utility Vattenfall [VATN.UL] said it had not made a decision regarding investment in new nuclear plants in the UK after a report said it was mulling investment in an EDF EDF.PA project.

The Times newspaper reported on Thursday that Vattenfall was considering a multi-billion pound investment in EDF’s project to build four new nuclear reactors in the UK.

Vattenfall declined to say whether it had been in contact with EDF and repeated its comments from June that no decisions would be made for 12-18 months regarding investment in nuclear projects in the UK.

EDF has already agreed to sell a 20 percent stake in nuclear power generator British Energy, which operates eight power stations in the UK, to British Gas owner Centrica CNA.L. EDF reiterated on Thursday it was open to the possibility of partnerships with energy players for the construction of the reactors in the UK. [ID:nL423306]

“We won’t comment on speculation on the details of this and so there is no further information to give at this stage,” EDF in London said in a emailed statement. (Reporting by Victoria Bryan and Mia Shanley)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up